Common use of Distributions on Account of Death of Executive During the Severance Period Clause in Contracts

Distributions on Account of Death of Executive During the Severance Period. If Executive becomes entitled to Severance Pay pursuant to Section 1.1, 1.2 or 1.3 and dies during the Severance Period, the following benefits will be payable:

Appears in 3 contracts

Samples: Employment Security Agreement (Zale Corp), Employment Security Agreement (Zale Corp), Employment Security Agreement (Zale Corp)

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Distributions on Account of Death of Executive During the Severance Period. If Executive becomes entitled to Severance Pay pursuant to Section 1.1, 1.1 or 1.2 or 1.3 and dies during the Severance Period, the following benefits will be payable:

Appears in 2 contracts

Samples: Employment Security Agreement (Zale Corp), Employment Security Agreement (Zale Corp)

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Distributions on Account of Death of Executive During the Severance Period. If Executive becomes entitled to Severance Pay pursuant to Section 1.1, 1.2 or 1.3 and dies during the Severance Period, the following benefits will be payable: (a) Severance Pay. Any remaining Severance Pay payable to Executive as of the date of his or her death will continue to be paid to Executive's estate pursuant to Section 1.1, 1.2 or 1.3, as applicable.

Appears in 1 contract

Samples: Employment Security Agreement (Zale Corp)

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